Is King Highland Community Redevelopment Corporation Legit?
Quick charity verification for King Highland Community Redevelopment Corporation (EIN: 201553686)
Verdict: King Highland Community Redevelopment Corporation shows mixed signals
45/100Mission Score
$2.9MRevenue
$29.5MAssets
5Red Flags
2Strengths
Red Flags
Consistent and significant operating deficits (e.g., $1.3 million in 2023).
Declining asset base (from $40M in 2014 to $29.5M currently).
Liabilities consistently exceed assets, indicating a negative net asset position.
Unusual 0% officer compensation reported across all filings for an organization of this size.
Negative revenue reported in 2014 and 2015 filings, which is highly uncommon.
Strengths
Long operational history with 13 filings.
Significant asset base, despite recent declines, providing some financial cushion.
Spending Breakdown
How King Highland Community Redevelopment Corporation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about King Highland Community Redevelopment Corporation
Is King Highland Community Redevelopment Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, King Highland Community Redevelopment Corporation (EIN: 201553686) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is King Highland Community Redevelopment Corporation a good charity to donate to?
King Highland Community Redevelopment Corporation has a Mission Score of 45/100. Revenue: $2.9M. Assets: $29.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for King Highland Community Redevelopment Corporation?
The Employer Identification Number (EIN) for King Highland Community Redevelopment Corporation is 201553686. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does King Highland Community Redevelopment Corporation spend its money?
King Highland Community Redevelopment Corporation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify King Highland Community Redevelopment Corporation's tax-exempt status?
You can verify King Highland Community Redevelopment Corporation's tax-exempt status using EIN 201553686 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
King Highland Community Redevelopment Corporation consistently operates with a significant deficit, spending considerably more than it generates in revenue. For example, in fiscal year 2023, the organization reported expenses of $3,953,276 against revenues of $2,649,080, resulting in a deficit of over $1.3 million. This pattern is consistent across all recent filings, indicating a reliance on drawing down assets or increasing liabilities to cover operational costs. The organization's assets have steadily declined from $40,008,481 in 2014 to $29,512,362 currently, while liabilities have remained high, often exceeding assets, suggesting a precarious financial position. The consistent reporting of 0% officer compensation across all filings indicates a potential lack of transparency regarding executive pay or that leadership is entirely volunteer-based, which would be unusual for an organization of this asset size.